Company Snapshot: Tecogen Inc. (TGEN)

Tecogen (TGEN – $3.73), which designs, manufactures and installs industrial and commercial cogeneration systems, reported a positive net income for the second quarter in a row. During the fourth quarter, ended December 31, 2016 sales reached a record $7,111,108 up 66.2% compared to sales of $4,279,350 in the fourth quarter last year. Similar to the third quarter of 2016, the […]

MGM Resorts International (NYSE: MGM), one of the world’s leading hospitality groups, that operates a portfolio of well-known resort/casinos, including Bellagio, MGM Grand, Mandalay Bay and The Mirage, has opted to install 6 Tecogen (TGEN – $3.56) CM-75 Combined Heat and Power (CHP) units in its under-construction MGM Springfield casino. The six CHPs will provide heating and electricity for the […]

Tecogen Inc. (TGEN – $3.92), a leading manufacturer of clean energy products, initiated a collaboration with the Northwest Energy Efficiency Alliance (NEEA), a union of more than 140 Northwest utilities and energy efficiency organizations, to install more energy efficient natural gas equipment in the Pacific Northwest of the United States. As an initial test project, an Ilios air-source unit will […]

Tecogen (TGEN – $3.92), one of the leading manufacturers of Combined Heat and Power (CHP) products, participated in the International Air-Conditioning, Heating, Refrigerating Exposition (AHR Expo). This is one of Tecogen’s main marketing events of the year, and in fact the largest show of its kind in the United States. It provides a unique forum designed expressly for the HVACR […]

In May 2016, two of the most established names in the packaged cogeneration industry formed the 50/50 joint venture TTcogen. The two parent companies, Tecogen (TGEN – $4.07) from the United States and TEDOM from Europe, combined their expertise, knowledge, and CHP modules to form the premier packaged CHP provider with the widest range available in the United States. TTcogen […]

Tecogen Inc. (TGEN – $3.93), which designs, manufactures and installs industrial and commercial cogeneration systems, sold five 100 kW InVerde e+ Combined Heat and Power units at once through MMI Mechanical Inc. MMI Mechanical, based in Brooklyn, NY, specializes in the service and installation of heating and hot water equipment for large residential, commercial and industrial facilities. This is the […]

Since we last spoke with Mr. Ben Locke, the Co-Chief Executive Officer of Tecogen Inc (TGEN – $3.98), several exciting events have taken place at the Company, making it high time for an update interview. The interview first touches upon the main drivers that enabled Tecogen to reach its first quarterly positive net income in its public history. Mr. Locke […]

Tecogen Inc. (TGEN – $4.35) designs, manufactures and sells industrial and commercial CHP (Combined Heat & Power), or cogeneration, systems that produce combinations of electricity, hot water, and air conditioning. It’s a well-established Company, as it has already shipped over 2,300 units, some of which have been operating for almost 25 years. During the third quarter, ended September 30, 2016, […]

Tecogen (TGEN – $4.24), which designs, manufactures and installs industrial and commercial cogeneration systems, reported a positive net income for the first time in its history. During the third quarter, ended September 30, 2016, it generated net income of $207,868 compared to a loss of $948,842 in the third quarter of 2015. This outstanding performance was achieved by a solid […]

Tecogen Inc. (TGEN – $4.20), which designs, manufactures and installs industrial and commercial cogeneration systems, won a contract worth $1.4 million to install Combined Heat and Power (CHP) units at a federal prison in New York. This represents one of the Company’s largest orders to date. The number of units that are going to be installed, nor the energy output […]